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NORMAN v. B. & O.R. CO.

Nos. 270, 471 and 472.

294 U.S. 240 (1935)

NORMAN v. BALTIMORE & OHIO RAILROAD CO. UNITED STATES ET AL. v. BANKERS TRUST CO. ET AL., TRUSTEES.

Supreme Court of United States.

Decided February 18, 1935.

Attorney(s) appearing for the Case

Mr. Emanuel Redfield for Norman, petitioner. Mr. Dalton Dwyer was with him on the brief, from which the following summary is extracted:

Mr. Frederick H. Wood for the Baltimore & Ohio R. Co. From the brief:

Mr. Stanley Reed made the oral arguments for the Reconstruction Finance Corporation.

Mr. Edward J. White for the Trustees of the Missouri Pacific R. Co., petitioners. Points from brief:

Messrs. James H. McIntosh and Edward W. Bourne, with whom Messrs. Clifton P. Williamson and Thomas W. White werd on the brief, for Bankers Trust Co. et al., respondents. The following summary is from the brief:

MR. CHIEF JUSTICE HUGHES delivered the opinion of the Court.

These cases present the question of the validity of the Joint Resolution of the Congress, of June 5, 1933, with respect to the "gold clauses" of private contracts for the payment of money. 48 Stat. 112.

This Resolution, the text of which is set forth in the margin,1 declares that "every...

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